{"id":32954,"date":"2018-10-29T17:41:56","date_gmt":"2018-10-29T12:11:56","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=32954"},"modified":"2018-10-29T17:41:56","modified_gmt":"2018-10-29T12:11:56","slug":"pca-only-to-improve-banks-health-says-rbi","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/pca-only-to-improve-banks-health-says-rbi\/","title":{"rendered":"PCA\u00a0only\u00a0to\u00a0improve banks\u2019\u00a0health,\u00a0says\u00a0RBI"},"content":{"rendered":"<p><a href=\"http:\/\/www.thehindu.com\/business\/pca-only-to-improve-banks-financial-health\/article22261335.ece\">PCA\u00a0only\u00a0to\u00a0improve banks\u2019\u00a0health,\u00a0says\u00a0RBI<\/a><\/p>\n<p><strong>Context <\/strong><\/p>\n<p>The Reserve Bank of India (RBI) has once again clarified that prompt correction action (PCA) is imposed to encourage banks to improve their financial health<\/p>\n<p><strong>Backdrop<\/strong><\/p>\n<p>The reiteration comes in the wake of rumours on social media that some of the banks that are under PCA could be closed down<\/p>\n<p><strong>RBI\u2019s statement<\/strong><\/p>\n<p>The PCA framework is intended to encourage banks to eschew certain riskier activities and focus on conserving capital so that their balance sheets can become stronger<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PCA\u00a0only\u00a0to\u00a0improve banks\u2019\u00a0health,\u00a0says\u00a0RBI Context The Reserve Bank of India (RBI) has once again clarified that prompt correction action (PCA) is imposed to encourage banks to improve their financial health Backdrop The reiteration comes in the wake of rumours on social media that some of the banks that are under PCA could be closed down RBI\u2019s statement&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/pca-only-to-improve-banks-health-says-rbi\/\">Continue reading <span class=\"screen-reader-text\">PCA\u00a0only\u00a0to\u00a0improve banks\u2019\u00a0health,\u00a0says\u00a0RBI<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-32954","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704870623},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/32954","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=32954"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/32954\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=32954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=32954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=32954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}